Frankfurt am Main, Germany – Germany's rubber-product manufacturers saw a nearly 2% year-on-year decline in sales last year, ...

Overall, continued the Apollo executive, the consumer tire capacity addition will be "just about 10% or a little less." According to the finance chief, the company’s truck & bus tire utilisation rates ...

Adjusted earnings (EBITDA) for the full-year came in at $180.7 million, or 6.6% of sales, representing an increase of $13.6 million versus 2023, according to Cooper-Standard’s report issued 13 Feb.

Frankfurt, Germany – Continental’s Automotive group, which is currently being carved out as a separate entity, is planning to cut 3,000 R&D jobs globally by end of 2026.

Malmo, Sweden - Hexpol AB is acquiring an 80% stake in Turkish cable compounder Kabkom Kimya Sanayi ve Ticaret Anonim Sirketi (Kabkom) for €54 million. Headquartered in Izmir, the company is “the ...

Hamburg, Germany – German distributor Biesterfeld has expanded its Asian footprint with the acquisition of the distribution division of Singapore-based Tat Lee Engineering pvt Ltd.

Akron, Ohio – Goodyear Tire & Rubber Co. is weighing up the potential impact of low-cost imports and tariffs on global tire markets and the group’s own business performance in 2025.

Hyogo, Japan – Toyo Tire Corp. has exceeded its sales and earnings forecast for 2024, buoyed by strong sales and appreciation of the Japanese Yen against the US dollar.

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Subscribe for unlimited access. A subscription to European Rubber Journal includes: Every issue of European Rubber Journal (6 issues) including Special Reports & Maps. Unlimited access to ERJ articles ...

Buehl, Germany – German supplier of antivibration and damping systems GMT Gummi-Metall-Technik has divested its aerospace division to TriMas Corp., a Michigan-based manufacturer of engineered products ...

The higher imports, Bridgestone said, were mainly due to the lowering of import tariffs on goods from Thailand and South Korea in January 2024 in North America. This led to a decrease in demand for ...